Data center services are projected to reach $439bn by 2028 due to generative AI growth, benefiting Nvidia, AMD, and potentially Oracle.
Data center services are expected to surge as generative AI fuels tech growth. Statista estimates network infrastructure, storage, and server solutions will be worth $439bn by 2028. While Nvidia and AMD have benefited, Oracle (ORCL) offers a potentially lucrative opportunity for long-term investors in the data center sector.
May 19, 2024
3 Articles